Banknotes of Armenia

The official currency of Armenia is the Armenian dram (AMD), issued by the Central Bank of Armenia since 1993. Paper money was first introduced in Armenia in 1993 after the country gained independence from the Soviet Union. A significant reform occurred in 2003 when the Central Bank released a new series of banknotes featuring advanced security features and updated designs. Collectors focus on the diversity of Armenian banknotes, particularly the series issued in 2018 which celebrates the 100th anniversary of the First Republic of Armenia. This series incorporates vivid colors and intricate designs, including depictions of historical figures and landmarks, such as the famous Armenian Cathedral of Anania Shiraz. The intricate artwork and historical references in these banknotes are highly sought after by collectors.